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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bonnie Bear who wrote (6852)10/22/1997 7:10:00 PM
From: Mark Nelson  Read Replies (2) of 94695
 
From USA Gold's daily market report from this AM:
usagold.com

"Comment (2) It has been reported in recent weeks that the Bank of Japan
was a major seller of U.S. Treasuries. The verbal, techno-screen trade &
currency war continues with Japan pushing for a stronger dollar and
Germany pushing for a lower dollar. The dollar is like a bone between two
dogs. U.S. policy seems to be gravitating toward dollar weakness --
something which vexes the Japanese and raises the prospect of Treasury
dumping. "

We knew that, didn't we.

Mark
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